(IN BRIEF) On January 29, 2024, Outokumpu has successfully completed the repurchase of its own shares as part of a share buyback program announced on November 29, 2023. The company repurchased a total of 315,800 shares across different trading venues … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Share Buyback Program, shares
(IN BRIEF) Neste has joined forces with PVG, a leading European home climate solutions provider, to introduce a sustainable heating liquid for portable fuel heaters. The co-processed odorless heating kerosene from Neste offers consumers a cleaner alternative to fossil-based heating … Read the full press release
(IN BRIEF) Telia and Danfoss Leanheat have teamed up to introduce an innovative heating optimization solution in Finland. By installing Telia’s Indoor Climate Monitoring sensors in apartments, gathering indoor data, and connecting it to a cloud service for analysis, the … Read the full press release
Posted in Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Sweden, Technology, Telecom
Tagged Danfoss Leanheat, energy consumption, energy optimization, Finland, heating optimization, Indoor Climate Monitoring sensors, Kimmo Ahvenlampi, Lauri Hiekkanen, smart building solutions, Telia, Telia Heating Optimization
(IN BRIEF) On January 26, 2024, Outokumpu successfully concluded its share repurchase program, acquiring a total of 266,213 of its own shares across various trading venues, with a total cost of EUR 1,073,521.31. This initiative, which began following the announcement … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Financial, investment, Outokumpu, share repurchase program, shares
(IN BRIEF) Fortum’s efficiency program, launched in November 2023, has prompted discussions regarding potential job reductions within the Fortum Consumer Solutions business unit and the IT unit. Approximately 1,080 employees across Finland, Sweden, Norway, and the IT unit in Poland … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Finland, Industrial, Infrastructure & Utilities, Management, News
Tagged change negotiations, Fortum, job reductions
(IN BRIEF) On January 25, 2024, Outokumpu concluded its share repurchases, acquiring its own shares across various trading venues. The total cost amounted to EUR 140,695.46 for a total of 34,800 shares, with weighted average prices per share rounded to … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, share repurchase program
(IN BRIEF) On January 24, 2024, Outokumpu finalized the repurchase of its own shares, totaling 153,195 shares across various trading venues, with a weighted average price of EUR 3.99 per share and a total cost of EUR 611,483.24. This share … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Financial, investment, Outokumpu, share repurchase program, shares
(IN BRIEF) Outokumpu is set to release its financial statements for 2023 on February 8, 2024, at 9:00 am EET. Later the same day, at 3:00 pm EET, a live webcast and conference call will be hosted by President and … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Media, Metals and Minerals, News
Tagged financial statements, Heikki Malinen, investment, Outokumpu, Pia Aaltonen-Forsell, webcast
(IN BRIEF) CapMan has pledged to achieve net-zero emissions by 2040, positioning itself a decade ahead of the global target, and is actively working to integrate sustainability within planetary boundaries. The firm will focus on achieving net-zero emissions in its … Read the full press release
Posted in Business, Environment, Finland, Industrial, Infrastructure & Utilities, Management, News, Real Estate
Tagged Anna Olsson, CapMan, Nature-Positive Framework, Net-Zero by 2040, Pia Kåll, sustainability
(IN BRIEF) In a significant development, the European Commission has signed an amendment to the InvestEU guarantee with the Nordic Investment Bank (NIB), making NIB the implementing partner for Norway and Iceland. This expansion broadens NIB’s lending capacity under the … Read the full press release
Posted in Banks, Business, European Union, Financial, Finland, Iceland, Industrial, Investment, Management, News, Norway
Tagged André Küüsvek, Denmark, Estonia, Finland, Iceland, InvestEU, Latvia, Lending Capacity, Lithuania, NIB, Norway, partnership, Poland, sustainability, Sweden
(IN BRIEF) On January 23, 2024, Outokumpu successfully concluded its share repurchase program, acquiring a total of 195,429 of its own shares across different trading venues at weighted average prices ranging from EUR 3.955 to EUR 3.9669 per share, resulting … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Acquirsition, Financial, investment, Outokumpu, share repurchase program, treasury shares
(IN BRIEF) Valio, a Finnish dairy company, is initiating change negotiations affecting its Finnish headquarters functions and factory services. The negotiations involve around 1,170 employees and will address potential dismissals and material changes to employment terms, including job description and … Read the full press release
(IN BRIEF) Ahlstrom is reinforcing its position as a leader in the global filtration industry by investing in a new production line for molecular filtration media in Turin, Italy. With a focus on improving air quality in closed environments like … Read the full press release
(IN BRIEF) Ahlstrom, a leading provider of sustainable specialty materials, has unveiled PureLid™, a revolutionary fiber-based lid for single-serve coffee capsules aimed at supporting the coffee industry’s sustainability efforts. PureLid™ offers a high-performing, home-compostable alternative to aluminum or plastic lids … Read the full press release
(IN BRIEF) Outokumpu has successfully concluded its share repurchase program, acquiring a total of 244,303 of its own shares across various trading venues at a weighted average price of EUR 3.99 per share, amounting to a total cost of EUR … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Acquired Shares, Financial, investment, Outokumpu, share repurchase program
(IN BRIEF) Outokumpu Oyj’s Shareholders’ Nomination Board has put forth several proposals for the Annual General Meeting in 2024. The board suggests re-electing the current eight members of the Board of Directors, with Kari Jordan as Chairman and Kati ter … Read the full press release
Posted in Business, Finland, Industrial, Management, Metals and Minerals, News
Tagged AGM 2024, appointment, Heinz Jörg Fuhrmann, Jouko Pölönen, Julia Woodhouse, Jyrki Mäki-Kala, Kari Jordan, Kati ter Horst, leadership, Outi Antila, Outokumpu, Päivi Luostarinen, Pekka Pajamo, Petter Söderström, Pierre Vareille, Reima Rytsölä, Shareholders' Nomination Board
(IN BRIEF) On January 18, 2024, Outokumpu successfully concluded its share repurchase program, acquiring a total of 184,718 of its own shares across various trading venues at an average price of EUR 4.03 per share. This initiative was part of … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Financial, investment, Outokumpu, share repurchase program
(IN BRIEF) The Nordic Investment Bank (NIB) and Skanska Financial Services AB have entered a six-year USD 75 million sustainability-linked loan agreement. This loan’s interest rate margin is tied to Skanska’s climate targets, including a 70% reduction in absolute GHG … Read the full press release
Posted in Banks, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Sweden
Tagged André Küüsvek, climate targets, construction, Key Performance Indicators, KPI, loan, NIB, reducing CO2 emissions, Skanska, Skanska Financial Services AB, sustainability-linked loan, The Nordic Investment Bank
(IN BRIEF) The Nordic Investment Bank (NIB) launched a seven-year fixed-rate EUR 500 million Environmental Bond (NEB) on January 17th, with proceeds earmarked for environmentally beneficial projects. This issuance brings NIB’s total green bond issuance for 2024 to EUR 570 … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Investment
Tagged Credit Agricole CIB, Danske Bank, Emmanuel Smiecench, Environmental Bond, green bond, Gustav Landström, Jens Hellerup, Kim Skov Jensen, Lawrence Duquesne-Garner, Natixis, NEB, NEB issuance, NIB, Nordic Investment Bank, sustainable financing
(IN BRIEF) Outokumpu has successfully concluded its change negotiations, which involved the temporary restriction of ferrochrome production at its facilities in Tornio, Finland. This decision entails the closure of one ferrochrome furnace and one sintering plant until autumn 2024. Initially … Read the full press release
Posted in Business, Finland, Industrial, Management, Metals and Minerals, News
Tagged ferrochrome production, Martti Sassi, negotiations, Outokumpu
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